need help solving a logarithmic eqiation.

Question

Baker industries bought a laptop for $2800. It is expected to depreciate at a rate of 18% a year. What will the value of the laptop be in 4 years? Round to the nearest penny

Answer 1

laptop depresheeate 18%/yeer

that meen value at end av yeer 1=82% av value at time=0

for 4 yeers, vaoue =0.82^4=0.45212... or bout 45% av  kost=2800$

0.45*2800$=1,266$